R K Krishna Kumar: Ratan Tata likely to step down as chairman of Tata Trusts

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The role of the Trusts has been at the center of the ongoing feud between Tata and the ousted chairman of the holding company Tata Sons, Cyrus Mistry.

Mistry has accused Tata of using the Trusts as a separate power base, retaining control of the overall group even after he retired as chairman of Tata Sons. Tata disputes the claim.

A spokesman for Tata Trusts confirmed that an interview with Krishna Kumar took place, but declined to comment. Asked by Reuters, he did not contest the contents of the published interview.

Tata Sons was not immediately reachable for comment.

“The next chairman has to be someone who has the right vision and be in complete alignment with the will of the Tata Group founders,” said Krishna Kumar, according to the report.

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